Los Angeles, CA, April 18, 2018 -- GAWK (OTC PINK: GAWKD): Scott Kettle, CEO of GAWK, Inc. announced today that the Company has reverse split its stock at 2,500 for one.
Kettle said, “The reverse split is good for Gawk, and new financing will allow for more acquisitions and new services to be launched, which means accelerated growth for the Company.
Gawk is seriously undervalued. We have grown by acquiring companies, such as the assets of Net D, Xtelus LLC, and Connexum, LLC, buying elements of competing companies that offer us talented personnel, complimentary services and customer increases. We are doing Due Diligence on several companies in the U.S.at the moment. Prior to the action we have just taken, we have recently added services such as Voice Broadcast, Ringless Voicemail, and email advertising to brands and advertising agencies to produce more revenue. Our business plan is driven by acquisitions and organic growth.” Our mission is “The Engine that Drives Sales and Marketing” for our customers.
About GAWK, Inc.
GAWK, Inc. offers a suite of cloud communications, cloud connectivity, cloud computing, and managed cloud-based applications solutions to small, medium, and large businesses; and offers domestic and international voice services to communications carriers worldwide. It offers a suite of advanced data center and cloud-based services, including fault tolerant, high availability cloud servers, which comprise platform as a service, infrastructure as a service, and a content delivery network; managed network services that converge voice and data applications, structured cabling, wireless, and security services, as well as include Internet access via Ethernet or fiber at speeds ranging from 10 Mbps to 10 Gbps; and data center solutions, including cloud services, colocation services, and business continuity services, such as storage and security. www.gawk.com
All statements in this release that are not strictly historical facts are "forward-looking statements." Such forward-looking statements are based on GAWK's current assumptions, beliefs and expectations, and involve risks, uncertainties and other factors that may cause GAWK's actual results to be materially different from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words such as "expect," "plan," "possibility," "offer," "if," "negotiate," "when," "believe," "will," "estimate," "continue," and similar expressions. Risks, uncertainties, and other factors that could cause or contribute to such differences include, but are not limited to: ongoing and future intellectual property enforcement actions; the ability to successfully litigate or settle claims of patent infringement; GAWK's ability to obtain necessary financing, generate sufficient cash flow, and maintain appropriate indebtedness; and the increasing development of market competition in the area of telecommunications. These factors and others are described in more detail in GAWK's public filings with the Securities and Exchange Commission, including the risks discussed in the "Risk Factors" section in GAWK's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of these reports can be found on GAWK's website (www.gawk.com) under the heading "Investor Relations." GAWK is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
888.754.6190 Ext. 3
Wednesday, April 18, 2018